APBR (ord) APBRA (pref) Petrobras Brasil

[bonus.com]

El foro está como está acción pedorra, ya no queda nadie jajaja

[SMZ]

ja me creiste y bueno que queres que le haga. Si no me tienen fe.

[Raul]

para el día que tienen los mercados esta tiene bastante aguante.....

si en argentilandia somos los unicos.........

[bonus.com]

para el día que tienen los mercados esta tiene bastante aguante.....

De que aguante hablas si es una de las que mas baja junto con TS

[SMZ]

para el día que tienen los mercados esta tiene bastante aguante.....

[SMZ]

34.89
Last Trade -0.62 (-1.75%)
SE VA LA LUZ, SE OCULTA EL SOL PERO NUNCA HA DE BRILLAR.

[tanoutn]

Buen día gente,

Acabo de enviar una orden por 20K.

Hoy empieza la carrera, y creo que comienza por las autopistas del sol..... ojala, seria un gran plus jeje

En fin
Buen dia a todos!

[chung]

[quote="bonus.com"][quote="chung"]Si los 224.000 millones de dólares de inversión hasta el 2014, lo piensa juntar con nuevas suscripciones, tamos al horno...



Eso es cierto, ahí si que me salgo del todo.

Si no arranca en éstos dias, lamentablemente el rally quedará postergado, y habrá q buscar otros papeles...

[bonus.com]

Si los 224.000 millones de dólares de inversión hasta el 2014, lo piensa juntar con nuevas suscripciones, tamos al horno...

http://www.reuters.com/article/idARN1018583920101110

Eso es cierto, ahí si que me salgo del todo.

[chung]

Si los 224.000 millones de dólares de inversión hasta el 2014, lo piensa juntar con nuevas suscripciones, tamos al horno...

http://www.reuters.com/article/idARN1018583920101110

[magoo]

INVERSIONES 2010-2014... lean interesante.

http://www.petrobras.com.br/ri/Show.asp ... Ys+8WYHQ==

[21ale21]

NOVEMBER 10, 2010, 2:20 P.M. ET.

Brazil's Petrobras Profit Seen Jumping 28% In 3Q On Currency Gain

RIO DE JANEIRO (Dow Jones)--Brazilian state-run oil and gas giant Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, is likely to see third-quarter net profit jump about 28% from a year ago as the dollar devaluation slashed costs on the company's foreign debt.

The company also will have benefited from higher natural-gas output and surging domestic demand for gasoline and diesel in the July-September period, boosting revenue, analysts said Tuesday.

Petrobras is expected to report third-quarter net profit of 9.4 billion Brazilian reais ($5.5 billion), up from the BRL7.3 billion recorded in the same period of 2009, according to the average estimate of six analysts polled by Dow Jones Newswires.

Although that would be a strong result, it would still miss the company's record quarterly profit of BRL10.851 billion posted in 2008's third quarter, when international oil prices were higher.

Net revenues are seen reaching BRL53.11 billion, according to the analysts' average estimate, compared with the BRL47.87 billion registered a year earlier.

The company will announces its result Thursday evening after markets close.

Apart from some oil rig stoppages which left production below target, Petrobras' performance was seen generally stable. The profit boost was attributed mainly to currency gain and possibly to cash inflow in the last days of September following the company's record-breaking $70 billion share sale.

"During the third quarter the dollar depreciated 6% against the real, giving a substantial accounting gain on the company's dollar-denominated debt, which is worth more than the company's dollar-denominated assets," Nelson Rodrigues de Mattos, analyst with Banco do Brasil, told Dow Jones Newswires. "This gain could be of at least BRL1 billion.

"In addition, the low dollar makes it easier for Petrobras to import," de Mattos said.

Petrobras currently has $38 billion in debt and will need to raise a further $32 billion on debt markets by 2014 to complete its 2010-2014 business plan, local Estado news agency said Tuesday, citing Chief Executive Officer Jose Sergio Gabrielli. The business plan involves investments of $224 billion to allow Petrobras double its output by 2014, from its current 2010 average oil production target of 2.1 million barrels a day at its Brazilian operations.

The company expects to generate cash of $155 billion during the 2010-2014 period, after dividends payments, if international oil prices stay around $80 a barrel, Estado said.

International Brent oil prices averaged $76.60 a barrel during the third quarter, up from $68 a year ago. While this improved revenues from Petrobras' exports and its overseas operations, it also meant higher prices for imports of fuel products.

Domestic prices for gasoline and diesel, which are controlled by the government, remained stable as no change has been authorized since prices were reduced in June 2009. However, domestic sales-volume growth exceeded GDP growth, which could top 7% this year. That allowed Petrobras to boost profit margins, according to Max Bueno of broker Spinelli.

Demand for fuels, including diesel and gasoline, should surge 12% in 2010 from a year earlier, Petrobras director Paulo Roberto Costa told reporters at the Rio Oil and Gas conference in September.

Earnings before interest, taxes, depreciation and amortization, or Ebitda, leapt 18.1% to BRL16.52 billion, according to Bueno's calculation. Profitability could grow further as the company improves and expands its refinery installations, he said.

"The modernization of Petrobras' refinery installations underway will end up benefiting the company's balance sheet," Bueno said. "Petrobras will import less gasoline and diesel and export more higher-value added products."

Petrobras expects to be free of fuel imports in 2014 when it brings two new oil refineries into production, according to Costa.

"Expectations for the fourth quarter are also that output will grow as new production systems come into operation," Bueno said.

Production stoppages at Petrobras' P-33 and P-35 production rigs in Campos basin -- the former was temporarily shut down by Brazil's National Petroleum Agency ANP on safety precautions -- brought Petrobras a "very weak" quarterly oil production, according to Emerson Leite, analyst with Credit Suisse.

Quarterly oil output of 1.99 million barrels a day, down 1% from a year earlier despite new capacity having been brought on stream, was partly offset by rising gas production, although the company's overall production targets are still at risk, according to Leite.

Total quarterly production of oil and gas was 2.57 million barrels of oil equivalent, up 1.4% from the same 2009 period.

-By Diana Kinch, Dow Jones Newswires; 55-21-2586-6086; diana.kinch@dowjones.com